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Japanese Yen languishes near four-decade low vs USD on wide rate gap

The USD/JPY pair sticks to a bullish bias for the second consecutive day and trades around the 162.30 region during the first half of the European session, near a four-decade high touched earlier this Tuesday.The Japanese Yen (JPY) continues with its relative underperformance in the wake of a wide interest…

WTI falls to near  amid conflicting US-Iran talk signals

West Texas Intermediate (WTI) crude gives up its recent gains, trading near $70.10 per barrel during Asian market hours on Tuesday. The pullback came as energy traders weighed a volatile mix of Middle East geopolitical signals and conflicting reports regarding potential US-Iran diplomacy.According to CNBC, US President Donald Trump stated that the two nations were scheduled to hold fresh peace talks on Tuesday in Doha, Qatar, following a weekend of renewed hostilities. However, Tehran quickly…

Finance news

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Business

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Casey’s General Stores plans to add 400 locations in new three-year push

Casey’s General Stores is betting bigger on stores, food and tech as it looks to extend its growth streak. The Ankeny, Iowa-based company recently unveiled a new three-year plan centered on expanding its prepared food business, adding new stores and using technology to run more efficiently.Casey’s plans to add at…

Markets

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Cargo thieves have set their sights on data center supplies

Cargo thieves have a new target.Investigators with the Cook County Sheriff’s office in Illinois said last week they recovered a pair of trailers with $1.3 million worth of data center supplies at a Chicago-area truck yard.Officials said the organized retail crime unit was tipped off about a trailer containing about…

Investing

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